GEORGE HOWARD, ESQ. GOYEfcNOR.

1831,

CHAPTER 104.

CHAP. I04.

An act to incorporate the Millington and Smyrna Rail Road
Company.

Passed Feb. 17, 1832.

Section 1. Be it enacted by the General Assembly oj Ma-
ryland, That Samuel R. Turner, Eli S. Pardee. Samuel G.
Osborn, Samuel Chase, Winbert Tschudy, Isaac Davis,
Alexander Peterson, Jacob Stout, and Benjamin Combe, be,
and they are hereby appointed commissioners, under the
direction of whom, subscriptions may be received to the
capital stock of the Millington and Smyrna Rail Road Com-
pany hereby incorporated, and they or a majority of them
may cause books to be opened at such times and places as
they may direct for the purpose of receiving subscriptions
to the said capital stock of said company, after having given
such notice of the times and places of opening the same, as
they may deem proper; and if such a subscription to the
capital stock of said company as is necessary for its incor-
poration, be not previously obtained, the said books may be
opened from time to time during the period of two years
from the passage of this act, at the discretion of said com-

Commissioners to
open books,

missioners or a majority of them, and if any of the said
commissioners shall die, resign, or refuse to act during the
continuance of the duties devolved upon them by this act,
another may be appointed in his stead by the remaining
commissioners or a majority of them.

Vacancies.

Sec. 2. And be it enacted, That the capital stock of the
Millington and Smyrna Rail Road company, shall be one
hundred and twenty-five thousand dollars, in shares of twen-
ty five dollars each, which said capital may be increased at
the discretion of the commissioners or the directors to be
appointed as hereinafter provided for, to any amount not
exceeding two hundred thousand dollars; and as soon as
three thousand shares of the said capital stock shall be sub-
scribed, the subscribers of the said stock, their successors
and assigns shall be and they are hereby declared to be in-

Capital stock—
shares.

corporated into a company, by the name of the Millington
and Smyrna Rail Road company, and by that name shall be
capable in law of purchasing, holding, selling, leasing and
conveying estates, real, personal and mixed, so far as shall
be necessary for the purposes hereinafter mentioned and
no further, and shall have perpetual succession by said cor-
porate name, may sue and be sued, and may have and use a
common seal, which they shall have power to alter or re-
new at their pleasure, and shall have, enjoy, and may exer-
cise all the powers, rights and privileges which other cor-

Subscribers incor-
porated.